RVR 0.00% 7.3¢ red river resources limited

Ann: Quarterly Activities and Cash Flow Report for 31 Dec 2017, page-71

  1. 13,264 Posts.
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    Looking at the quarterly I see the projected production costs for this quarter are $15.61Mil including Admin , yet last quarter we received $16.892 Mil from PROVISIONAL payments for ore delivered over only the last 7 week period of that quarter and that didn't include Copper or the final payments...can't wait to see our cash position at the end of this quarter although it will be tempered with $7 Mil of development cost mainly used opening up Far West and exploration, however that will lead to increased through put and LOM to benefit following quarters..

    This is shaping to be an ATM machine on steriods IMO..

    Cheers Whisky
 
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